Bought with Joshua Poitras • Four Points Real Estate
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73 MALVERN ST Manchester, NH 03104
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,593 sqft
Price per Sqft $180
MLS Listing ID 4883622
Sold Date 12/22/21
Style Multi-Family
Bedrooms 6
Full Baths 6
Construction Status Existing
Year Built 1940
Annual Tax Amount $5,992
Tax Year 2021
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Multi-Family
Property Description
Great investment opportunity with a net income of $51,867!! Classic 6-Unit property with easy-to-manage 1-bedroom, 1 bath apartments. Total annual income is $64,800, with only $12,933 in expenses (natural gas, taxes, utilities, insurance, water & sewer). Extremely well-maintained property managed by owner for 14 years. COC valid to 2023. For the convenience of tenants, there's a laundry room with coin-ops and off-street parking for six cars. One 6-zone, FHW system by natural gas with HW off the boiler, tenants pay their own electric. Current rents are below market. Architectural grade roof, vinyl windows & 7 updated circuit breaker panels. Assisted showings by appointment only. Pre-qualification letters must be submitted prior to scheduling a showing. Photos are from past vacancies, property is fully leased. Don't delay, schedule your viewing today!
Location
State NH
County Nh-hillsborough
Area Nh-Hillsborough
Zoning R-2
Rooms
Basement Entrance Interior
Basement Full, Unfinished
Interior
Heating Gas - Natural
Cooling None
Flooring Laminate, Vinyl
Exterior
Exterior Feature Asbestos
Garage Description Off Street, Parking Spaces 1 - 10
Utilities Available Cable - Available
Roof Type Shingle - Architectural
Building
Lot Description City Lot, Level
Story 3
Foundation Granite
Sewer Public
Water Public
Construction Status Existing
Schools
Elementary Schools Mcdonough School
Middle Schools Hillside Middle School
High Schools Manchester Central High Sch
School District Manchester Sch Dst Sau #37
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